The Generally Preferred Measure of Central Tendency Is Usually the

question 2

Multiple Choice

The generally preferred measure of central tendency is usually the

• A) range.
• B) mean.
• C) standard deviation.
• D) median.

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Definitions:

Mortgage-backed Securities

Investments secured by mortgages, which pay investors from the mortgage payments of homeowners.

Persistence

The tendency of a variable, phenomenon, or condition to continue its existing trend or state over a period.

Mutual Funds

Mutual Funds are investment vehicles that pool money from multiple investors to purchase diversified portfolios of stocks, bonds, or other securities.

Expense Ratio

A measure reflecting the annual cost of investing in a mutual fund or ETF, expressed as a percentage of assets under management.